In This Article:
Platform Group (ETR:TPG) Full Year 2024 Results
Key Financial Results
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Revenue: €553.8m (up 26% from FY 2023).
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Net income: €33.9m (up 6.4% from FY 2023).
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Profit margin: 6.1% (down from 7.3% in FY 2023). The decrease in margin was driven by higher expenses.
Our free stock report includes 2 warning signs investors should be aware of before investing in Platform Group. Read for free now.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Platform Group Meets Expectations
Revenue was in line with analyst estimates.
Looking ahead, revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Specialty Retail industry in Germany.
Performance of the German Specialty Retail industry.
The company's shares are up 14% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for Platform Group (1 makes us a bit uncomfortable!) that you should be aware of before investing here.
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